John Laing due to float for the second time January 18, 2015 INFRASTRUCTURE investment group John Laing was silent yesterday on reports that it is to float on the London Stock Exchange again, seven years after it went private. The company, which has been owned by asset management group Henderson since 2006, is expected to raise tens of millions of pounds if it successfully completes its listing, [...]
City Moves for 16 January 2015 | Who’s switching jobs January 15, 2015 Baker Tilly The accountancy firm has appointed Ian Williams as a director in its restructuring and recovery service line. A solicitor with over 25 years’ experience, he previously worked at SGH Martineau, specialising in international corporate recovery cases. ING Investment Management The investment management firm has appointed Bart Oldenkamp to its integrated client solutions team. [...]
City Moves for 15 January 2015 | Who’s switching jobs January 14, 2015 Lloyds Bank Lloyds Bank Commercial Banking has appointed Allen Appen as head of financial institutions capital and asset backed solutions. He joins from Barclays, where he was most recently head of financial institutions capital markets for Europe, the Middle East and Africa. Mole Valley Asset Management The investment management firm has appointed Andrew Holder as [...]
City Moves for 12 January 2015 | Who’s switching jobs January 11, 2015 PwC Legal The professional services firm’s legal division has announced the appointment of Mick Gorrill. He is a data protection practitioner and, as assistant information commissioner at the Information Commissioner’s Office, he oversaw the introduction of data protection fines into law. RBC Wealth Management The wealth manager has announced the appointment of Antony Johnson as [...]
City Moves for 19 December 2014 | Who’s switching jobs December 18, 2014 FTI Consulting Clare Hartnell has been appointed senior managing director in the business advisory firm’s European tax advisory practice, focusing on real estate tax. She was most recently global leader of Grant Thornton’s real estate and construction practice, and has also worked at BDO. EY Monica Dimitracopoulos has been appointed principal and global knowledge transformation [...]
ECB’s second round of cheap loans disappoint again December 11, 2014 The European Central Bank's (ECB) second round of cheap loans has disappointed again, piling pressure onto the central bank to step up its monetary stimulus measures. The 255 participating lenders took a total of just €129.84bn (£102.6bn) from the targeted longer-term refinancing operation (TLTRO), slightly below the €130bn or more that economists had predicted. This [...]
Damon Williams and Alex Khein appointed co-CEOs of RBC Global Asset Management as John Montalbano steps down December 9, 2014 John Montalbano has stepped down as chief executive of RBC Global Asset Management (RBC GAM) after six years, the company announced today. He will be replaced by Damon Williams and Alex Khein as co-CEOs and will act as adviser to the new top bosses when the need arises. In a statement yesterday, the group, which [...]
Oil price hits a five-year low: What does this mean for markets? December 8, 2014 Equities could see a lift, but it’s bad news for oil exporters Looking ahead to 2015, there’s plenty for markets to fret about. Rate hikes in the UK and US are a near certainty – after years of extraordinary monetary stimulus that propped up asset prices and kept sovereign bond yields low – as are [...]
Aim withdrawal on the cards for Bank of America November 24, 2014 Bank of America Merrill Lynch (BAML) looks set to withdraw its status as a nominated adviser (nomad) on Aim, reports revealed yesterday. BAML’s departure would leave only three remaining large “bulge bracket” banks advising Aim-listed companies. It would also leave oil and gas firm Bowleven without a nomad. A number of the big investment banks [...]
City Moves for 25 November 2014 | Who’s switching jobs November 24, 2014 Lambert Smith Hampton Caroline Waldron has been appointed senior surveyor in the commercial property consultancy’s London office agency team. She joins from JLL, where her clients included Fidelity Investments, Threadneedle Investments and Mercer Real Estate. BNP Paribas Securities Services The custodian has announced three senior appointments to its assets and funds services team in London. [...]